pSTAKE is a liquid staking protocol based on proof-of-stake assets, PoS token holders can deposit their tokens into the pSTAKE platform to mint 1:1 pegged ERC-20 wrapped unstaking tokens , represented as pTOKEN.
PSTAKE coin price today
＄0.13 ≈ ¥0.95
##What is the total amount of PSTAKE coins?
According to official data, the total number of PSTAKE coins is 500 million, and the current circulation is 58,000,000, accounting for 11.60% of the total. PSTAKE coin is the token of the pSTAKE platform. pSTAKE is a completely decentralized blockchain project designed to provide users with safe and efficient asset locking and mortgage services. It is based on the Proof of Stake (PoS) consensus mechanism, which means that users holding PSTAKE tokens can stake them to support the security and stability of the network and receive corresponding rewards.
The core working principle of PSTAKE is to achieve consensus and verification by mortgaging users’ tokens into the network. These collateralized tokens are called “staking tokens” and they are used to validate transactions on the blockchain and maintain the security of the network. Users can choose to entrust their pledged tokens to verification nodes, or become a verification node to verify transactions themselves. In this way, PSTAKE implements a secure, efficient and decentralized blockchain network.
How about PSTAKE coins?
The current general situation of PSTAKE currency is that according to the existing data loading, the current price of PSTAKE currency is US$0.05. It is lower than the historical high price of US$1.2304. The issuance price is unknown. There are currently 13 online exchanges and the current market value is US$2.9424 million. Overall, the current development of PSTAKE currency is average.
PSTAKE has many advantages and features compared to other blockchain projects. First, it adopts a PoS consensus mechanism, which means that users do not need a large amount of computing resources to participate in the network, thus lowering the threshold for participation. Secondly, PSTAKE provides highly secure asset locking and mortgage services to protect users’ property security. In addition, PSTAKE is highly scalable and flexible, allowing it to adapt to application scenarios of different sizes and needs. In short, PSTAKE is a trustworthy, highly secure, scalable and flexible blockchain project that can meet application scenarios of different scales and needs.
PSTAKE, as an emerging digital currency, has broad prospects in the cryptocurrency market. With the continuous development of blockchain technology and the expansion of application scenarios, more and more people are beginning to pay attention to and use PSTAKE. Its unique features and advantages make it competitive in the market and is expected to become an important blockchain project.
One of the features of PSTAKE is its high level of security. Through the encryption algorithm and distributed ledger of blockchain technology, PSTAKE ensures the security and credibility of transactions and assets. This makes PSTAKE a reliable digital currency and competitive in the market.
In addition, PSTAKE is highly scalable. The continuous development and optimization of blockchain technology enables PSTAKE to cope with large-scale transactions
PSTAKE currency listing exchange recommendation
1. Binance binance
Binance Exchange is a global cryptocurrency exchange, serving 180 countries and regions including North America, Europe, Taiwan, the Middle East, Hong Kong, and Malaysia, and providing more than 600 cryptocurrencies. There are 120 million registered users worldwide. Since 2018, Binance has been considered the world’s largest cryptocurrency exchange in terms of trading volume, with a 24-hour trading volume of US$76 billion.
Inventory: Founder Zhao Changpeng and his old employer Okcoin have been having constant disputes. They were not optimistic at first, but later they found that the performance of the platform was quite impressive!
2. Ouyi okx
OKX is the world's top two virtual currency trading and Web3 platform, providing Bitcoin (BTC), Ethereum (ETH), USDT, Shiba Inu (SHIB), Ripple XRP, Dogecoin (Doge), etc. to global users. Cryptocurrency and derivatives trading services for virtual currency assets, allowing you to conveniently and quickly manage investments in cryptocurrencies and other assets.
Inventory: OuYi’s trading volume, number of currencies, and security are among the best in China, and its handling fees are also low.
3. Huobi.com
Huobi Global Professional Station is an innovative digital asset international station under Huobi Group that serves professional trading users around the world. It is committed to discovering high-quality innovative digital asset investments. Opportunity currently provides trading and investment services in more than 40 digital asset categories. It is headquartered in Singapore and is operated by the Huobi Global Professional Station team. Huobi Group is a globally competitive and influential comprehensive digital asset service provider, providing high-quality services to millions of users in more than 130 countries. It has independent trading business and operation centers in Singapore, Hong Kong, South Korea, Japan and other countries and regions. Huobi Group is in a leading position in the world in terms of technology platform, product lines, security risk control system, operation and customer service system.
Inventory: It has created the highest record for global Bitcoin trading platforms and is one of the largest Bitcoin trading platforms in the world.
4.Open Sesame gate.io
Gate.io was established in April 2013 with the Chinese name "Open Sesame". It was formerly known as China's "Biter" exchange. The founder is a technology Dr. Han Lin, who was born. The original intention of Gate.io was to "find a safe trading place for everyone who believes in Bitcoin". This idea has been implemented in the development of Gate.io. After the tightening of regulatory policies in 9.4, Gate.io left China and has been developing overseas. Recently, it has also entered Southeast Asian markets such as Taiwan, Malaysia, Indonesia, Singapore, and South Korea. Gate.io is currently headquartered in the British Cayman Islands and provides fiat, spot and derivatives trading of cryptocurrencies to more than 4 million users from more than 130 countries. The official claims to provide 100% margin audit proof, authentic and transparent crypto asset trading services.
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